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Richard Casady wrote:
On Mon, 15 Sep 2008 13:31:48 -0700, "Lamont Cranston" wrote: Richard Casady wrote: On Mon, 15 Sep 2008 15:25:22 -0400, Balanced View wrote: Richard Casady wrote: On Sun, 14 Sep 2008 22:12:16 -0400, Balanced View wrote: $1.00 in 1964 had about the same buying power as $6.83 2008. You are totally nuts. A gallon of gas, a magazine, a paperback, a pack of cigs, a six pack, were all a quarter in 1964. A .Colt 1911 .45 pistol was $62.50. Levi's were $2.25. Casady Go check it your self , they're all over $6.00 Go check what? My point was that the factor of six figure was bogus. What am I supposed to check? That gas and cigs were a quarter in 64? I was there. Casady The $6.83 figure is accurate. Sure it is. As you would have it, not 6.82 or 6.84. Come back when you have something not prima facie bogus. Casady It's not bogus, though it's slightly low. The correct figure is $7.09561. ftp.bls.gov/pub/special.requests/cpi/cpiai.txt Consumer Price Index in August, 1964: 31.0 Consumer Price Index in August, 2008: 219.964 219.964/31.0 = 7.09561 Sucks to be wrong, huh? But, I bet that you're used to it. Come back when you need another lesson. |
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